Netcall PLC AGM Statement (1812K)
12 Diciembre 2018 - 1:00AM
UK Regulatory
TIDMNET
RNS Number : 1812K
Netcall PLC
12 December 2018
12 December 2018
NETCALL PLC
("Netcall", the "Company", or the "Group")
AGM Statement
Netcall plc (AIM: NET), a leading provider of Low-code and
customer engagement software, will be holding its Annual General
Meeting in London at 10:30am today. At the meeting Michael Jackson,
Chairman of the Company, will make the following statement:
"The Group has experienced a period of strong trading with
bookings significantly ahead of the same period last year, as a
result of growing demand for our Low-code platform. Multi-year,
Low-code contracts have been secured with both new and existing
customers, including the first sales to NHS and Housing Association
organisations. The transition toward a cloud-based recurring
revenue model has continued to accelerate. As a result of this, and
the timing of product sales, the Board expects recognised revenues
for the year to be more weighted toward the second half than has
historically been the case.
"Following continued customer interest, the growing pipeline and
the significant market opportunity for Low-code, we have
accelerated the investment into our Low-code offering, in line with
our plans described at the time of our Final Results.
"The Group's pipeline is healthy and showing strong growth in
cloud-based opportunities. Our high levels of recurring revenue
provide good forward visibility, which combined with our solid
balance sheet and cash balances of over GBP6.3 million at the end
of November 2018, give the Board confidence in the ongoing success
of Netcall."
For further enquiries, please contact:
Netcall plc Tel. +44 (0) 330
333 6100
Henrik Bang, CEO
Michael Jackson, Chairman
James Ormondroyd, Group Finance Director
finnCap Limited (Nominated Adviser and Broker) Tel. +44 (0) 20
7220 0500
Stuart Andrews / James Thompson, Corporate
Finance
Tim Redfern, Corporate Broking
Alma PR Tel. +44 (0) 20
3405 0212
Caroline Forde / Josh Royston / Robyn Fisher
About Netcall plc
Netcall is a UK company quoted on the AIM market of the London
Stock Exchange. Netcall helps organisations transform their
customer engagement activities and enable digital transformation
faster and more efficiently, thereby improving customer experiences
and operational efficiencies. Netcall's software product portfolio
comprises Liberty, a customer engagement platform, incorporating
omnichannel contact centre and workforce optimisation, and MATS, a
market leading Low-code platform.
Netcall's customers span enterprise, healthcare and government
sectors. These include two-thirds of the NHS Acute Health Trusts,
major telecoms operators such as BT, and leading organisations
including Lloyds Banking Group, ITV and Nationwide Building
Society.
For further information, please go to www.netcall.com.
Prior to publication the information communicated in this
announcement was deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No 596/2014 ('MAR') With the publication of this announcement, this
information is now considered to be in the public domain.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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END
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